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Stock impact report

Banks to Pitch Roughly €11 Billion Buyout Debt Deal for Grifols [Yahoo! Finance]

GRIFOLS SA S/ADR (GIKLY) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump Lenders are preparing to send final proposals next week, with the expectation that a bank group will be appointed by the end of the month, according to several people familiar with the process, who asked not to be named because the matter is private. The final debt package will include leveraged loans and high yield bonds, denominated in euros and dollars in order to tap into as much liquidity as possible. There will also be an undrawn revolving credit facility, the people said. While it's normal for a certain amount of back-and-forth to take place before banks are appointed, the Grifols deal has taken an unusually long time Show less Read more
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